$595K
$122,059
"With all of the attributes for a charmed, comfortable and productive country lifestyle enjoy customising this 3.89acre approx. property and the quality Bryan Petersen family home to your lifestyle desires. On arrival, you will certainly notice the huge shed. At a whopping 30m x 9m with a concrete floor and power, it is worth a special mention. Equine enthusiasts, tradespeople and hobby farmers will see great value in this space. It also offers a fabulous indoor playparty space for children and teens. The western red cedar clad home was built in 2000. In need of some simple cosmetic attention, bring back the timber deck and turned posts on the quintessential wrap around veranda. Take in sunrises, sunsets and vistas of Mt Beckworth from this special spot. Imagine the sound of the rain on the tin roof also equipped with 6.5 kilowatt solar panels. The front door opens to a welcoming foyer, ready for family photos and a hat stand. The floorplan is family friendly with four bedrooms, two bathrooms and two living areas. The front lounge, with an ambient wood heater, flows to the large kitchenmeals area through double sliding doors. The kitchen offers a walkin pantry, excellent bench and cupboard space and an electric oven with a gas cooktop. Three robed bedrooms with ceiling fans are located in their own wing along with the tidy family bathroom, separate loo and laundry with external access. The private master suite features an ensuite and two BIRs. A gas wall heater, split system, vinyl plank flooring, exterior canvas blinds at the front and roll down shutters at the rear are practical features to note. The property is also connected to town water. Outside the secure house yard with tall fencing is a bonus for younger children and pets. A small orchard with plums, apples, pears and grapefruit features. Beyond theres a large back paddock with perimeter fencing. Ready for a horse or some sheep, there is abundant space to further value add. The school bus stops at the end of the street and Clunes historic streetscapes, cafes and the train station are just a few minutes drive away. Popular towns Daylesford and Ballart are also within easy reach."
Below are some similar properties in the area you may be interested in.
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86.7%
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-$160,000
-$21,128
2.8%
1.9%
-15.1%
6.0%
Asking Price
$680,000
Estimated Purchase Price
$750,000
Stamp Duty
$40,070
Transfer Fee
$1,861
Conveyancing
$1,196
Deposit (10%)
$75,000
Reg. Mortgage
$129
LMI Premium
$21,385
Renovation Costs
-
Total Cash/Equity Required
$140,190
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$20,800
$29,605
Property Management
+7.7% PA
$1,602
$2,280
Rates
+3.0% PA
$1,566
$2,043
Water
+3.0% PA
$1,015
$1,324
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$14,367
$21,022
Interest Repayments
$44,550
$44,550
Net Cashflow Before Tax
-$30,183
-$23,528
Depreciation
-
-
Tax Offset
-$9,055
-$7,058
Net Cashflow After Tax
-$21,128
-$16,470
Assumptions
Year 1
Year 10
Property Value
6.8%
$630,120
$1,139,107
Loan Balance
I.O
$675,000
$675,000
-$44,880
$464,107
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2021 Population
Suburbs
Accommodation and Food Services - 16.0%
Health Care and Social Assistance - 15.0%
Retail Trade - 11.0%
Agriculture, Forestry and Fishing - 10.0%
Others - 48.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price